Page 2 - ITC Ltd News

ITC tanks 15% in 4 days, hits 33-month low after tax hike on cigarettes

A sharp decline in stock price of ITC has seen ₹75,675 crore market capitalisation erosion of the company in the past four trading days.

Nomura downgrades ITC as excise hike to weigh on volumes, margins

The brokerage expects the price hike will have a significant impact on volumes, pressure margins, increase illicit trade, stifle growth and the company's ability to recruit consumers.

ITC stock downgraded as excise duty hike raises margin, volume growth risks

ITC earnings estimates for FY27-28 have been cut after a sharp excise duty hike on cigarettes. Brokerages have downgrade the stock, citing margin and volume risks

ITC sheds $7 billion as tax hike on tobacco products triggers rating cuts

ITC shares slump as steep excise duty hike on cigarettes wipes out over $7 billion in market value and triggers a spate of brokerage downgrades

Chart check: ITC stock tests 4-year monthly trendline indicator at ₹350

ITC stock is seen trading near its 4-year monthly Supertrend line indicator for the first time since September 2021.

ITC down 10%, Godfrey Phillips 19% as addl excise duty effective from Feb 1

ITC, Godfrey Phillips and VST Industries fell up to 10 per cent, after Centre notified February 1 as the date from which additional excise duty will be levied on tobacco

Aditya Birla Real Estate up 3% as CCI clears paper & pulp biz sale to ITC

e buying on the counter came after the CCI approved ITC's acquisition of Aditya Birla Real Estate's pulp and paper business

Prestige Estate, ITC among top analyst bets; check target, stop-loss

According to Shrikant Chouhan of Kotak Securities, Prestige remains well placed to benefit from sectoral tailwinds, and ITC continues to position itself as a future-ready Indian conglomerate

Indian consumer firms to see Q3 margin spur as input costs soften: Nomura

Nomura sees GCPL, Tata Consumer, Marico, and Britannia as the key near-term winners of the commodity downcycle.

ITC share price down 1% in strong market; why is the FMCG stock falling?

ITC shares have underperformed the market by falling 5 per cent in the past one month, as against a 2.2 per cent rise in the Nifty 50.

ITC's healthy core business signals rerating scope amid weak Q2 agri show

ITC's cigarette and FMCG segments delivered steady performance in Q2 FY26 despite a slump in agri sales; analysts see scope for a valuation re-rating as core margins improve

Stocks to buy, sell post Q2 results: ITC, Swiggy, NTPC, 4 others in focus

Technical charts suggest that ITC, Adani Power, Dabur India, NTPC and Hyundai Motor India shares can potentially rally up to 26% on the upside; whereas Dabur India and Bandhan Bank can decline by 10%.

ITC set for steady recovery as cigarettes, FMCG offset Agri drag: Analysts

Brokerages were unanimous that the non-cigarette FMCG business remains a bright spot in ITC's portfolio.

Stocks to Watch today: ITC, RIL, TCS, Vedanta, Hyundai Motor India, Swiggy

Stocks to Watch Today, October 31, 2025: RIL, Hyundai Motor India, TCS, Bharat Electronics, ITC, Swiggy, United Spirits, and Sunteck Realty are among the top stocks to watch today

ITC Q2 results: Net profit rises 2.7% to ₹5,126.11 cr, revenue down 1.3%

The company reported consolidated gross revenue of Rs 21,255.86 crore for Q2FY26, down 1.3 per cent compared to Rs 21,536.38 crore a year ago

ITC Q2 results: PAT rises 5.4% to ₹5,180 crore on higher cigarette demand

The maker of 'Sunfeast' biscuits and 'Gold Flake' cigarettes reported a 5.4% rise in standalone profit of ₹5,180 crore ($589.34 million) for the quarter ended September 30

Q2 results today: Adani Power, Dabur, ITC, Swiggy among 89 firms on Oct 30

Q2FY26 company results: Firms including Hyundai Motor, NTPC, United Spirits, Canara Bank, NTPC, Bandhan Bank, and Lodha Developers are also to release their July-September earnings reports today

ITC Q2 preview: Analysts see steady cigarette growth; FMCG margins soft

ITC Q2 results preview: Brokerages tracked by Business Standard estimate ITC's net profit to increase 3 per cent year-on-year (Y-o-Y) on average, to ₹5,153.9 crore as compared to ₹5,005.3 crore

PL Capital sees Nifty at 28,781 in 1 yr; banks, auto, defence to lead rally

Analysts at PL Capital expect domestic-oriented sectors to outperform, naming banks, NBFCs, autos, retail, consumer staples, defence, metals, and select consumer durables as top picks.

Nomura prefers Marico, Tata Consumer, Britannia; sees price hikes in Q4FY26

In the year-to-date (Y-T-D) period, the Nifty FMCG index has lost 3 per cent, as compared to a rise of around 4 per cent in the Nifty 50, Bloomberg data shows